1338 E Minnesota Street Indianapolis IN 46203 (House For Sale) | MLS 22105751
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Are house prices dropping in Indianapolis?
The house prices in Indianapolis are indeed dropping at the moment. There has been a decrease in price of $11,590.12. There are several factors that can cause a price drop. Higher mortgage rates, lower demand, prices of comparable properties can all cause the price of a house to drop.
What is the housing market like in Indianapolis at this time?
The housing market and house prices in Indianapolis are going down. The average house price is $262,593.00 and the average price per square feet is $154.69 per square foot. At the moment, there are 18657 homes listed - 2889 active, 1461 pending, and 14307 sold in Indianapolis.
What is the most popular place to buy a house in Indianapolis?
The most popular place to buy a home in Indianapolis is 4910 - Marion - Center. 4910 - Marion - Center has the most properties listed and appears to have the highest demand.
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The average amount of property taxes you would have to pay for a home in Indianapolis is $3,545.13. Property taxes are tied to the value of the home - the more expensive the home, the higher the taxes.
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Properties in Indianapolis stay on the market for an average of 88 days. A lower number of days indicates a seller's market, while a higher number indicates a buyer's market.
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The last home listed in Indianapolis was 960 minutes ago.
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The cost of the most expensive home in Indianapolis is $5,400,000.00. Expensive homes often come with better amenities, larger spaces, and faster appreciation.
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The cost of the cheapest home in Indianapolis is $1,000.00. Buying a cheaper home can keep payments low and leave room for customization.
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The oldest home in Indianapolis was built in 1848, and the newest in 2026.
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The average property size in Indianapolis is 2093.98 sq.ft., the largest being 13549 sq.ft., and the smallest being 200 sq.ft.
Additional Details
Property Details
Lot Dimensions:
3877
Water Source:
Public
Main Level Sq. Ft.:
912
Upper Level Sq. Ft.:
304
Total Sq. Ft.:
1, 672
Basement:
Yes
Directions:
GPS Friendly
Interior Features
Walk In Closet(S)
Appliances
Dishwasher, Gas Water Heater, Exhaust Fan, Gas Oven, Refrigerator
Cool
Central Air
Water Heater
Dishwasher, Gas Water Heater, Exhaust Fan, Gas Oven, Refrigerator
Heat
Natural Gas
Total Rooms
6 Rooms
Tax and Financial Info
Semi-Annual Property Tax:
$1, 616
Tax Year:
2024
Quick View
Address:
1338 E Minnesota Street Indianapolis IN 46203
Status:
Active
On Site:
28 Days On Site
Price:
$299, 000
Bedrooms:
3 Beds
Bathrooms:
3 Full Baths
Sq. Feet:
1, 672
Year Built:
1914
Lot Size:
0.09
County:
Marion
Township:
Center
MLS #:
22105751
Property Type:
Single Family Residence
Exterior Type
Cement Siding
Community Information
Description
Discover a timeless residence just minutes from downtown and a short walk to the heart of Fountain Square. Offering approximately 1,700 finished square feet, this charming bungalow blends historic character with modern updates in one of Indianapolis' most vibrant neighborhoods. The home's open-concept kitchen and living area serve as its centerpiece, featuring a functional island with sink-ideal for everyday living, entertaining, and gathering with family and friends. The first-floor primary suite includes high ceilings and a spacious walk-in closet, providing both comfort and convenience. The finished basement adds valuable living space, complete with a full bath and laundry area-perfect for entertaining, guests, or a secondary retreat. With three full bathrooms, the layout offers flexibility for a variety of living arrangements. Step outside to a fully fenced private yard with a large wood deck (built in 2025), designed for both quiet relaxation and hosting. A detached garage with alley access adds convenience, storage, and off-street parking, an increasingly valuable feature in this sought-after area. Location truly sets this property apart. Enjoy a 15-minute walk to local favorites like Upland Brewing Company, Maialina, Bovaconti, and Square Scoop, along with everything else Fountain Square has to offer. You're also just minutes from Garfield Park, home to one of the city's best farmers markets. Downtown Indianapolis is a quick Uber away, giving you easy access to Colts games, Pacers and Fever matchups, and concerts at White River State Park. Recent updates include new carpet and flooring throughout (2026), a new roof (2023), deck (2025), and additional decorative improvements, ensuring a move-in-ready experience. This inviting home offers a rare combination of location, updates, and livability in one of Indy's most dynamic neighborhoods. This one will not last long!
Source: MIBOR as distributed by MLS GRID, MLS ID: 22105751
Listing provided courtesy of Kevin Kervan 317-842-0400 with JBG, Inc.
Last Updated: 7/2/2026 | 1:58 PM
Home Details
Status: Active
Price: $299,000
Address: 1338 E Minnesota Street, Indianapolis, IN 46203
Discover a timeless residence just minutes from downtown and a short walk to the heart of Fountain Square. Offering approximately 1,700 finished square feet, this charming bungalow blends historic character with modern updates in one of Indianapolis' most vibrant neighborhoods. The home's open-concept kitchen and living area serve as its...
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Source: MIBOR as distributed by MLS GRID, MLS ID: 22105751
Listing provided courtesy of Kevin Kervan 317-842-0400 with JBG, Inc.
Fountain Square Alliance offers a peaceful neighborhood with numerous green spaces like Sandorf Park easily accessible from most locations, providing ample opportunities for outdoor relaxation. The area features many charming single detached homes, predominantly two- and three-bedroom layouts that reflect a welcoming sense of community character. Primary schools are conveniently close regardless of where one resides, ensuring accessible education options. Dining options are plentiful, with a variety of local restaurants available for diverse tastes. Transportation is convenient with several bus lines nearby and straightforward parking. Additionally, safe bicycle routes enhance mobility throughout the neighborhood, adding to the practical accessibility of daily activities.
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